THE IMPENDING RETIRE
MENT OF ME. STABE.
THE HONGKONG DAILY PRESS, TUESDAY, DEUKMBER 21st, 1920,
but your advice was available to the Con sulting Board in London, and at the Hend Offies you had the loyal cooperation of so capable a lieutenant as Mr. A. G. Stephen,
undertaking this task. For I see before me the leading resentatives of most branches of life which make up the thriv fing Colony of which we are justly proud:
GOLF NOTES.
[BY ZODIKE.]
Next week-end our Golf is to be appro competitions are both numerous and varied.
A NOTABLE CHINESE TRIBUTE..
Mr. N. 1. Stabb, Q.B.E., who is resho. I am glad to see, is with us tonight. representatives of Bankers, shipowners,priately festive with the Season. The tirine this month from the Chiel Manager- teel certain Mr. Stephon will prove equal merchants and lawyers. I feel it impo- ship of the Hongkong and Shanghai to any of his predecessors. His businesssible to da justice to me a brilliant Banking Corporation, was entertained to capcity has been proved by the very able constellation of guests. Niva" banquer by a large number of Chinese manner in which bo managed the important Well, Gentlemen, we all realize what bankers, merchants and others at the Kanu intress+ of the Bank a; Shanghai during an important, not to say vital, par, which "Ling Hotel last night.
recent years. I recall the speech of the Bankers now play in the prosperity and Chairman of the Hongkong Stack Exwell-being of our presen; đếp civilisation. change, on Armistice Dey, that the mere
་
Mr. Stubb's retirement brings to a
close thirty-four years' service with the famous bank, whose splendid affice in "London is to so many the "gateway of the E and whose standing in the Orient is only comparable to that of the Old Lady of Threadneedle Street" in the mother country. Mr. Stabb has spent in the East 30 years of his period of service with the Bank. He joined the bank in 11886, being connected with the office in New York. In 1891 he was transferred To Bombay, and afterwards held positions in Singapore. Shanghai, Saigon and Hong
Mr. Stabb came to this Colony kong. for the first time in 1903 and he returned, in the office of sub-manager, in 1809. He was promoted Acting Chief Manager in July, 1910, and Chiet Manager in
January, 1911..
Mr. Stabb leaves for England, by way at the United States, on December 29th, sailing on the Columbia (Pacific Mail) for San Francisco... His sucessor is Mr.. A. G. Stephen, who has for several years Ben manager of the Shanghai branch. Mr. Stephen has taken temporary duty, for Mr. Stabb, notably for some months at the outbreak of the war, so that he is already well-known to a wide circle in the Colony.
...
A company of over 100 sat down to an interesting repast served in
Chinese fashion. The room was Invishly decorated with flowers and national emblems in which the British and Chinese flags predominated The band of the Wiltshire Regiment played selections during the evening.
The following was the menu:-
MENO.
Bird's Nest Sonp. Fried Garoupa, Silver and Gold Pigeon Egg
Shark's Fin
Grilled Snipe. Chicken Sante and Season Vegetable. Roast Chicken and Pate de foie gras, Fungus.
ther
Sliced Canton Quail, Pillan and Congee. Almond Cream. Assorted Pastry. guests
Mesars
were:
Barlow. A. H. Compton. P. A. Cas. J. L. Crockatt, G. M. Dodwell, L Dunbar, G. T. M. Edkins, E. J. Grist, The Ho Mr. P. H Holyoak,
That the Chairman in his eloquens of the Exchange had to deal in speech, das just reminded you, what an millions with the powerful assistance of extendly delicate and complicated your Bank at the outbreak of the war. machinery is international finance and Similarly, the financing of commercial and credit, and how, at the beginning of the trading transactions in Hongkong must great war, its collapse and destruction was have run into colossal figures. But the prevented by the genius of British Colony happily emerged from that critical bankers. It is obvious that those whose period without any disastrous results. It business it is to manage and control large affards me pleasure to recall His Majesty banking institutions must be men of the King's rocognition of your services in decision, knowledge, honesty and integrity appointing you an Officer of the Most We rejoice, therefore, to find among our honour which, I fur quer son will reel af guests to-night sich nien as Mr. Crockatt, which, I aur sure, you al Marshall and Mr. Wilson as repro the happier in enjoying in the association sentatives of leading banks here, and of Mrs. Stabb as a Member of the same although we are bidding farewell to the Order. You are abortly to leave Hong- kong. We are not here this evening to triking personality of the bead of the premer bank in Hongkong, we extend to tender to you and to Mrs. Stabb our Lest his very worthy successor, Mr. Stephens wishes that in retirement in your home land you will live in health and happiness. As regards the shipping and merchant and the enjoyment of all that makes life Hongs, it is superfluous for me to say worth living in the full consciousness that much. To them, in a large measure, we your duty has been well and truly done. owe the commercial vitality of this port, Now. gentlemen, let us raise our glasses and its enviable position as one of the and drink to the health of Mr. Stabb,
The toast was received with musicaleatest shipping and commercial centres honours.
We are fortunate indeed in baying among not only the heads of the two" princely. houses," but also representatives of so many other leading firma,
MR. STABB'S REPLY.
our warmest welcome.
11
world.
tionary change, not only in material The Great War has effected a revolu things, but in man's ideas and outlook,
and it seems to me that one result of this change, whether for good or cyl, is man's altered conception of the basic principles of human societies in general, and of the relation of capital and labour in particular. And here I desire to sound just a personal note.
-
and those responsible are to be congratu lated on their emerprise.
To begin with, there is an eclectic com petition, open on December 25th 26th, and 27th. During this period, any num- ber of cards may be taken out, by musal play over the old course. A small fee will be charged for each card. The prize will be awarded to the player having the best eclectic score. The mixed foursomer competition which was down for decision on Monday, 27th, has been altered to the of play being 18 boles by medal-play over afternoon of Sunday, 26th, the condition the old course: the entries to be post entries, competitors to arrange their own matches Monday is to be the real gain day in the morning there is to be a Ladies' Bogey Competition, aver the first 9 holes of the new course. Simultaneous- ly there will be an 18-hole medal com- Presumably there will be no objection to petition over the old course, for men, any player taking out two cards, one for this special prize and cue, to count for the eclectic prize.
In the afternoon there will be, driving. putting and approaching competitions, for ladies, and men.
Also there will be clock. Golf.
will be held on the second nine of the new course. The old course and the first available for play for members not wish- nine holes of the new course will be
ing to enter these competitions.
I understand these competitions
The 3rd round for the Governor's Shield has been completed. The fourth round is as followy
Regt. v. H.M.S.
2nd Bn. Wilts.
Tamar
H.K.V. Delence Corps v. H.M.S. Am.
-brose.
Govt. Civil Hospital. v. Chartered
Bank.
Echitational Dept. v. Bradley & Co. January 3rd, 1921. The semi-finals are These matches much, be played off by down for decision on January 10th and the Read on January 17th.
The ladies will hold their annual general meeting on January 7th. at. I be. lieve, the Helena May Institute.
It is most unfortunate thar the ladies could not raise a team to play the men. However, I have heard unofficially that Mrs. Winslow has not abandoned the idea and is making further efforts to raise a team for a later date.
There is a new alphabetically indexed book in print, which will shortly appear in the men's club-house. It is a book in which any player can register his scores. A card need not necessarily be taken out, as the record is only intended for the benefit of the individual player. his game has improved or not. It is a who can judge from time to time whether very good idea and should certainly in- terest eveyone, whether he be scrater For 18 handicap.
Mr. J. Bell Irving it as home. I feel I am departing at same time most trusted of the profession The following statement is unofficial..
The Hon. Mr. John Johnstone, Messrs. A O Lang, N. 8. Marshall G C Moxon, W. L Pattenden, J. A. Plummer, Lieut.-Col. A. Reiss, Messrs. A. G. Stephen, Murray Stewart. H. P. While; N. C. Wilson, and G. M. Young.
In addition to Sir Robert Ho Tung, Kt. LLD (Chairman), and Mr. Chan Tin Shan, (Deputy Chairman), the hosts included the leading Chinese bankers and merchants of the Colony.
The toast of 'The King" was proposed
but I have good reasons for saying that the men's championship next year will not be extended over five Sundays, as rounds will be played on one Sunday," and it was this year. The First and second the third and semi-final rounds, will be played on the following Sunday, leaving the final for decision on the third Sunday. which competitors will no doubt appre This is certainly a great improvement,
the championship decided on two rounds ciate. Personally, I would like to see of medal play, which is the finest best, and, which would settle the whole thing in one day. Of course, we have the annual competition for the Jasper Clark
conditions,
Mr. Y. J. Srus, in responding, said :- wish to express my great appreciation of Sir Robert Ho Tung and gentlemen,-I the honour the Chinese merchants and bankers have done me this evening, and I thank you all for the cordial response you have made to the toast. Bir Robert's re- marks abous myself are Battering in the extreme, and I take them with a grain of salt; in fact as a case of da mortuis nil ni bonum I regard this as an honour to the greit bank to which I belong and which Same time ago I had the great pleasure I leave with the greatest regret, The
of meeting the Hon. Mr. J. Johnstone in Hongkong Bank belongs to this Colony, connection with an industrial dispute. and, i venture to say, has played a very found him kindness itself, refreshingly important part, not only in the develop-open-minded and entirely sympathetic with ment of the Colony, but also in the the men's desires and aspirations. And interests of British prestige and trade when we have employers of the type of (applause)and not only in his Colony, Mr. Johnstone in Hongkong, I feel that but in this part of the world not only the future is unclouded, and that, with British trade but trade generally take the signal" no credit to myself for the success attained will sail in her calm seas of commercial All clear ahead," "Hongkong by the bank during my tenure of office. prosperity to her bright destiny.. It is not due to the individual efforts of
And last, but not least, I come to the the Chief Manager, but is accounted for distinguished members of my own profes by the co-operation of a loyal and efficient on. And here, I feel more at ease, for staff. It is to the staff as a whole what you I have already received so much kindnew are paying honour to-night, and I know from them that I know I shall be for they will
appreciate it. leaving the bank is almost equalled by my for my omissions in my reference to them. My regret at given not only for my commissions bus
spent many happy years here and made a traism in England, that the legal pro.
I have. regret ab leaving Hongkong..
I believe it is getting to be more or lest many true friends, and I have looked upon fession is the most maligned end of the time when great development is about to The public are very fond of making
ke place, and that, in the future, Hong- jokes at their expense, but, when there kong will be of much greater importance anything difficult to do, they always tur
en than it is at present, which is saying to the lawyers, and they have never turned a very great deal. In that future exten-in vain. I rape that in Hongkong we are bankers merchants, and community: gen- that solicitors, like Mr. Grist whom we are sion and development, I know the Chinese more appreciated, and in any case seeing erally will play a very large and important pleased to see this evening, and advocates part, as they have done in the past, and it are always overwheinted with work, we can is gratifying to feel that they have such imagine how essential they are to the a friendly feeling towards the Bank. I Colony. can assure them that the feeling is cordially I feel I have already taken up more by the CHAIRMAN, and that of regres it is having no knowledge of the sit down, I desire to say just one word reciprocated. If there is one thing I of your time than I should, but before. I Fresident of the Republic of China" by Chinese language. It is a real logs not abort another prominent member of the Mr. STADO.” · ·
Bir ROBERT HO TUNG, in proposing the being able to talk to them personally. If Hongkong Cmmunity-namely the Hon. health of the guest of the evening, said that the Chinese would have given me with his presence this evening. A man of I had that accomplishment, I am certain Mr. P. II. Holyoak, who has honoured us Mr. Stabb and Gentlemen To my know.
useful lessons with regard to the
extraordinary versatility, his activities bisor of the Hongkong and Shanghai Banking Corporation that the Chinese andre such part masters.--(Laughter Ambulance Brigade, in which he is the merchants and bankers in Hongkong bave
applause). days I was look
ago
Corps had the happy occasion of doing honour I think, in the early sixties. It was of the Constitutional Reform, He is, as you all the Bogey pool during the last week-end.
ing at
photograph diken of Hongkong, Society, the Automobile Association, and There was an unusually large entry for to the chief of this great institution. I Prays. There were one or two buildings, know, the Chairman of the Hongkong but, at the time of writing. I am unable feel I may indulge in some justifiable pride that on both these occasion muy friends and think it must have been of Des Vœux Chamber of Commerce, and, together with to give the name of the winner. It is associates in business have done me the other places. There was no Bank in those Hongkong in the Shanghai Conference. I turned cards has increased on the same Road. I think Ewo was there and several the Hon. Mr. J. Johnstone, represented to be hoped that the percentage of re- honour to appoint me to preside at 50 days. pleasing & function. The first similar building was erected. It was called T.J'she is one of the most striking figures in
About 20 years later our present think it is no exaggeration to say that scale, as the entries. occasion was when a former illustrious Folly. Chief of the Bank, the late Sir Thomas much too small for us. I am not talking indebted to him for all his public services. Twenty years later we find is very our public life, and the Colony is greatly Jackson retired from Hongkong in 1909. Dow. of the Bank, but of the business of And now I ask those of you who have the The second is the impending retirement of the place. Jardine's had large palatial hour of being hosts this evening to join yourself, sir, from the Chief Managorship buildings though now shut off from the sea with me in drinking a bumper to our other of the Bank. Just as, on the former occa front. Many others have large buildings guests, coupling with the toast the same
we were ever keenly conscions of our now, and in another few years there will of the Hon. Mr. P. H. Holyoak. HAR Loss of a genuine friend, so
we feel that we are bidding" fare place are enormous. There is room for be more. I think the possibilities of this well to one who, ever kind and considerate, all of us, Chinese and foreigners alike, and was always ready to give his best in the I think that if we pull together the success bu could not tell Sir Robert Ho Tung and furtherance of the commercial and indus-of merchants and bankers is assured. I the members of the Chinese banking com trial prosperity of the Colony, In the would like to thank Sir Robert Ho Tung munity and the Chinese merchants who same way as Sir Thomas Jackson is now for his kind references to my wife and also were the hosts of the evening, how deeply enshr ged in the hearts of Chinese mor heartily to endorse his remarks about my sensible he was of the compliment paid kim chanta as a banking genins, so, I venture successor, Mr. Stephen: If Mr. Stephen in neking him to respond to the coast of ment restricted the hours for play on to think; our honoured guess this evening were nou present I should enlarge very
ll occupy an abiding place in the memory considerably on his many sterling qualities sensible that the honour was paid him not the Happy Valley course, there was
Our other: "guests." He was deeply of the Chinese mercantile community of(applause). But they will disclose them. in a personal sense, but because he happen- any special reason for closing it at p.m. Hongkong "I have had the privilege of knoring Mr. selves as time goes co, and I shall spare bised to be Chairman of the Chamber of Comon all days other than Tuesdays and Sun- Stabb for many years in business and out I wish again to express my sincere thanks sented most all the great interests in this heard of a case, where two business men. blushes. In concluding these few remarks, merce, in Hongkong, and, therefore, repre days. I mention this fact, because I have of business and I only wish I could give for the very great kindness and hospitality Colony. He fully recognised that the adequate expression to my appreciation of shown me this
com- who visited the course one day last week, his sterling qualities. On his worth as the bankers and community, generally very which tright be, levelled from time to time tifin, hefore returning to their offices, and I wish. Chinese pliment was paid, in spite of criticism with the object of getting in 8 holes alte successful manager, of th Institution is to any prosperous and happy years in this at that body, for the honest and sincere were told by an official that they were not antion it is unnecessary for me to moet delightful Colony. One of my regrets work which it did in the general interests allowed to play after 1 p.m. Of course, in that I am not an orator of sufficient of the entire community. The guesta ver the official was quite right, and the play- capability to tell you all I think of you: I wish I could. I thank you very much red, gentlemen. I will now ask you to drinke an old toast wo used to drink in Saigon, to our hosts. I think "Nam
edge this is the second time within the intricate exchange problems in which embrace such diverso subjects as St. John's Cup which is competed for under these
Superintendent, St. George's
THE HON MR. HOLTOAK. The Hon. Mr. P HOBSON HOLYOAK said
much appreciated the honour done thent
* As von know, another massive structure is building as an annexe to the stately pile so well-known to Hongkong business men as the Hongkong and Shanghai Bank, in order to provide accommodation for its ever increasing business. And I would was what we used to cull it will add to what the Chairman had said to to point to its solid pillars and granito.
walls
The visitors honoured the toast, and the
list of fixtures for 1921, and much as I I have had the privilege of seeing the dislike criticising after being afforded a privilege of this rature, I cannot help asking does anyone ever win the Cap- tain's Cup? From the beginning of the 1920 Rixture to the end of the 1921. fix- ture card, the announcement, "Captain's
in one of these dates? As the Captain qualifying rounds, or is the final included Cup appears 21 times. Are these all
only holds office for one year, I presume there is one cup per year for competition.
I wonder if when the Govern
ens were in the wrong for attempting to in asking them to join in honouring one play, but I do not imagine that the loot- whom they delighted to honour. He would ballers, etc., ever make use of the ground bave another spportunity, so he would not before at least 2. p.m. If this is so, thes it is a pity the course is not open till merce in the Colony. The guests welcomed 2, p.m., for the beacht of Golfers who
Mr. Stabb's invaluable services to cons
as a symbol of the Bank's financial VICE-CHAIRMAN, Mr. Chab Tinahan, speak-this opportunity of meeting their Chinees are keen on playing 9 holes after tiffin as and who are fortunate enough to be able
welcome the other guests.
"QUE OTHER GUESTS.""
Guests, Mr. M. K. Lo said:The Vice
In submitting the last of "Our Other Chairman, who does not speak English
was the spirit of the age, but cooperation 10 spare the time in any community could not come about without mutual understanding. Buch of misunderstanding, which so often into gatherings as these swept away the cobwebs ferred with common friendships and cum
Mr. Babb's management conducted with Buch con pienons ability and signal success
The great war has taught us many lessony, and not the least, valuable one is the realisation of the marvellously delicate mechanism of rational and international finance. A little vaccillation a little
critancy a little doubt, preventing prompt as requested me to address on his behalf, mon interests. There friendly meeting led nction when prompt action was demanded few words of welcome to our other bou-to deeper and profounder understandings,
during the oarly days of the world crisis oured guests of this evening. It is not which must iveritably draw people closer uncommon to see us many as four- in the fateful: month of August in 1914 affectation on my part to say that, while together in the future. He asked the might have involved the Bank and the appreciating keenly the honour, done to guests to drink the health of the hosts. Colery in a financial catastrophe. It is me by the Vios Chairman's request, I After a short time spent in social inter- true that you were not here at that time, feel the greatest possible, diffidence in course, the gathering broke up.
There is a rulo at Happy Valley, for matches, to be played on Tuesday after bidding matches, other than two ball noons. This is a very sound rule and ti is a pity it was not extended to players playing," round without a parmer. It is
plavers going round alone. They have no standing on the course, but apparently. this does not worry them. It does the others
LANE CRAWFORD & CO.
FIRST XMAS GIFTS
For LADIES
TRINKET BOXES TOILET SETS CARD CASES. MANICURE SETS HAND BAGS SILVER PURSES SCENT BOTTLES PUFF BOXES
FLOOR
For GENTS.
HAIR BRUSHES
CIGARETTE CASES CIGAR BOXES
GILLETTE RAZORS
GOLF CLUBS BRIDGE BOXES FLASKS CIGAR CUTTERS
För CHILDREN
MECCANO SETS SCOUT CARTS BOYS' BOXING GLOVES CRICKET SETS FOOTBALLS SCOOTERS
FRETWORK SETS WHEEL BARROWS ENGINES
INDOOR GAMES IN
DOLLS PRAMS GOLLIWOGS MOTOR CARS: TEDDY BEARS ROCKING HORSES
ELEPHANTS POCKET KNIVES
TOY BRICKS BONS-BONS
1
GREAT VARIETY.
OPEN THIS WEEK UNTIL 6 P.M. EACH DAY.
XMAS CRACKERS
AND
TABLE DECORATIONS
At Special Prices.
LANE, CRAWFORD
JUST UNPACKED
“BROADWOOD "
"BABY" GRAND PIANO
(With Now Patent Steel Barless Frame).
A REVELATION IN
TONE, TOUCH & DESIGN.
469
Che Anderson Music Co., Ltd.
Powell
When
TELEPHONE 3146.
117
XMAS PRESENTS
Umbrellas, Gloves,
Ties
FOR GENTLEMEN.
We have received a choice, selection Men's Wear of a pleasing description, and invite your inspection. Below are
few suggestions.
Socks in Silk & Wool.
Collar Boxes,
Attache Cases,
Walking Sticks, Jewellery..
Handkerchiefs in fancy boxes, Fitted Dressing & Suit Casas, Sweaters, Waistcoats,
SLIPPERS IN FELT & LEATHER-
For the convenience of Customers our establishments will remain OPEN until 6 1.12.
during this week.